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Technology Stocks : Infinera
INFN 7.07+0.4%Nov 20 5:20 PM ESTNews

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To: FUBHO who wrote (3304)11/9/2017 7:16:17 AM
From: FUBHO1 Recommendation

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JCnieuwenj

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seekingalpha.com

  • revenue has been under extreme pressure over the past year, largely attributable to customer consolidation.
  • recently combined CenturyLink and Level 3 will remain suppressed for an undetermined period of time.
  • ongoing price aggression by certain competitors and technology transitions continue to drive pricing down at a rapid pace.
  • industry analysts lowering their 2018 outlooks for the DWDM market outside of China, now expecting overall growth in the low to mid-single digits, with long haul expected to be only flat to slightly up
  • timing of completing the XT-3600 and 1.2-terabit line card for the DTN-X, the final ICE4 products, had slipped one quarter to Q1 of 2018.
  • In metro, we continue to anticipate major cable and mobile operators will begin toward opportunities around fiber-deep.
  • Finally in subsea, our belief is that providing leading spectral efficiency tied with the ability to instantly deploy bandwidth will become a prevailing expectation as customers award new routes.
  • for the fourth quarter of 2017, we currently project revenue of $190 million, plus or minus $5 million.
  • With our addressable markets expected to grow only low to mid-single digits, I feel good about outgrowing the market, but I'm less confident in our ability to grow 10% or greater for the full year 2018.
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